Cash deposit platform Flagstone has recorded a fifth consecutive quarter of profitability at the start of 2024.
The firm attributed this to the adoption of its fintech solution by consumers, advisers, brands and banks, and heightened demand among consumers for competitive cash savings options.
Flagstone’s total assets under administration (AUA) currently stands at £11 billion, having increased by more than £1 billion per quarter in 2023 as more customers looked to maximi...